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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (19316)	5/12/1998 5:21:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 70976

What your seeing at its best is Wall Streets continued hype of get more buyers. Every one should know that there are so many people who owe their very nice living convincing our retired parents/grandparents that the American economy is bullet proof. I'm no Amat bear, but Amats going forward statements, screech out caution. Wall Street might slowly back off hyping the Eqp group, but tomorrow it will be Dell again. Can you believe what Wall Street has done to Dell. It is now considered to be, next to GE and P&G, the greatest co that America has ever built. These 25 year old retail brokers will break the backs of our Senior citizens, its a debacle waiting to happen. Good Luck Gramps.

To: j g cordes who wrote (19316)	5/12/1998 5:23:00 PM
From: The Vinman	Respond to of 70976

<<What do you like>> In this market? Nothing on the long side, though I did buy Coms at support of $30 today. <<shorts>> Amat, IBM, HWP at the close. <<is market going down>> Sure it is, when? No one knows. From a valuation basis discounting future earnings, which takes into account interest rates and inflation, talking heads will tell you the market is fully valued, and not overvalued, but what they don't say is that even a slight tick up in either one and the market goes from fully valued to a screaming bubble. Good Luck Vinman